Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. Apr. 8 Sold merchandise for $3,300 (that had cost $2,439) and accepted the customer's Suntrust Bank Card. merchandise for $7,400 (that had cost $4,795) and accepted the customer's Continental or $9:300 (that had cost $4.995 and accepted the Prepare journal entries to record the above selected credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) Journal entry worksheet